TaxTMI 
TaxTMI 
What are the special areas, points, issues to be specially focused at the time of audit of Budgetary Support Scheme (BSS).
Area to be specially focused at the time of audit of Budgetary Support Scheme
27 Mar 2025 
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Budgetary support scheme compliance: ensure adherence to scheme conditions and procedures to validate IGST reimbursement claims.
The Budgetary Support Scheme (BSS) provides IGST reimbursement as a state industrial promotion incentive. Audits will focus on whether claimants can demonstrate adherence to all scheme conditions and that they followed the relevant procedures, with verification of eligibility, claim processes, and supporting documentary proof to substantiate entitlement to reimbursement. (AI Summary)
The Budgetary Support Scheme (BSS) provides IGST reimbursement as a state industrial promotion incentive. Audits will focus on whether claimants can demonstrate adherence to all scheme conditions and that they followed the relevant procedures, with verification of eligibility, claim processes, and supporting documentary proof to substantiate entitlement to reimbursement. (AI Summary)